This 2,425 SF pool home is on one of the finest lots in Grand Haven. Enjoy sea breezes while sitting on the lanai, looking over a large lake to the 11th hole of a Jack Nicklaus signature golf course. Palm Coast, FL – July 13, 2011 – Until our recent downsizing to a condominium in […]
The median household income for South Atlantic homebuyers in 2009 was $74,100. Palm Coast, FL – July 13, 2011 Profile of Homebuyers in the South Atlantic Region The median household income for South Atlantic homebuyers in 2009 was $74,100. 46 percent of buyers in South Atlantic were first-time home buyers. 82 percent […]
NAR Chief Economists sees 5.5% to 6% by the end of next year. National debt and inflation are the root causes. Palm Coast, FL – July 12, 2011 – National Association of Realtors® chief economist, Lawrence Yun sees mortgage rates headed higher. Government buying to cover the budget deficit and inflation are the principal drivers […]
Too many extraneous factors affect the foreclosure process to draw conclusions. Many foreclosures withdrawn to fix document problems are being re-filed. Court loads also affect case progress. Palm Coast, FL – July 11, 2011 – The media is awash with daily reports on the nation’s foreclosure situation. It’s not too difficult to find foreclosure data. […]
The 507.8-acre tract was purchased in 2003 for $7 million. BankAtlantic foreclosed last September. The foreclosure auction is scheduled for August 3rd. Palm Coast, FL – July 10, 2011 – [UPDATED] JX Properties’ 507.8-acre DRI (Development of Regional Impact) tract located behind the future Walmart on Old Kings Road is scheduled to be sold at […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – July 8, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]
Most single family homes sold in any month since June ’06 – Highest total dollar sales volume for single-family homes since June ’08. 2nd 1/4 data is equally strong. Credit is key for real growth. Palm Coast, FL – July 7, 2011 – The long-awaited housing market recovery is here; at least in Palm Coast […]
Giving out unsupportable mortgages was a disaster, and now the danger is overreacting and making the standards excessively high. Palm Coast, FL – July 6, 2011 Sue Stamper, a business owner in Sacramento, California, wants to buy a home. After mortgage- financiers Fannie Mae and Freddie Mac imposed the strictest loan standards in more than […]
Several jurisdictions in Florida are freezing, suspending or rolling back impact fees on new homes and commercial buildings Palm Coast, FL – July 5, 2011 – Charlotte, Highlands, and Marion counties have joined the growing list of local governments in Florida that have frozen, suspended, or rolled back impact fees on new homes and commercial […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – July 2, 2011 – Every week the National Association of Realtors® Research staff analyzes key data releases and explain what they mean for you and your business. In […]